Wellington Management Group LLP Invests $757,000 in SIGA Technologies, Inc. (NASDAQ:SIGA)

Wellington Management Group LLP acquired a new stake in SIGA Technologies, Inc. (NASDAQ:SIGA) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 112,197 shares of the company’s stock, valued at approximately $757,000.

Several other institutional investors and hedge funds have also bought and sold shares of SIGA. Larson Financial Group LLC bought a new stake in shares of SIGA Technologies in the third quarter valued at $30,000. DekaBank Deutsche Girozentrale bought a new stake in SIGA Technologies in the 2nd quarter valued at about $40,000. China Universal Asset Management Co. Ltd. lifted its holdings in SIGA Technologies by 64.3% during the third quarter. China Universal Asset Management Co. Ltd. now owns 13,727 shares of the company’s stock valued at $93,000 after purchasing an additional 5,372 shares during the last quarter. AQR Capital Management LLC bought a new position in SIGA Technologies during the second quarter worth about $99,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in SIGA Technologies by 38.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,684 shares of the company’s stock worth $104,000 after purchasing an additional 3,829 shares during the period. 55.40% of the stock is owned by institutional investors.

SIGA Technologies Stock Up 5.2 %

NASDAQ SIGA opened at $6.03 on Friday. The firm has a market cap of $430.57 million, a P/E ratio of 5.03 and a beta of 0.89. The company’s 50 day moving average is $6.78 and its 200-day moving average is $7.74. SIGA Technologies, Inc. has a 12-month low of $4.26 and a 12-month high of $12.83.

SIGA Technologies (NASDAQ:SIGA) last issued its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $10.01 million for the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. Equities analysts expect that SIGA Technologies, Inc. will post 1.04 EPS for the current year.

SIGA Technologies Profile

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.